CIPHER MINING INC. |
Real-time Estimate
Other stock markets
|
5-day change | 1st Jan Change | ||
| 4.185 USD | +12.80% |
|
+10.46% | +0.97% |
| May. 07 | Tech Slips as Palantir Plunges - Tech Roundup | DJ |
| May. 07 | Cipher Mining Shares Fall 14% on 1Q Revenue Miss | DJ |
Valuation
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 1,141 | 138.6 | 1,062 | 1,150 | - | - |
| Enterprise Value (EV) 1 | 1,141 | 138.6 | 1,062 | 1,150 | 1,150 | 1,150 |
| P/E ratio | -14 x | -3.5 x | -41.3 x | 51.2 x | 23.9 x | - |
| Yield | - | - | - | - | - | - |
| Capitalization / Revenue | - | 45.6 x | 8.37 x | 7.2 x | 3.78 x | 3.25 x |
| EV / Revenue | - | 45.6 x | 8.37 x | 7.2 x | 3.78 x | 3.25 x |
| EV / EBITDA | - | -2.22 x | 22 x | 9.24 x | 5.51 x | 5.4 x |
| EV / FCF | - | - | -9.25 x | 19.2 x | 5.58 x | 4.89 x |
| FCF Yield | - | - | -10.8% | 5.22% | 17.9% | 20.4% |
| Price to Book | - | - | - | - | - | - |
| Nbr of stocks (in thousands) | 246,381 | 247,552 | 257,057 | 310,029 | - | - |
| Reference price 2 | 4.630 | 0.5600 | 4.130 | 3.710 | 3.710 | 3.710 |
| Announcement Date | 3/4/22 | 3/14/23 | 3/5/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Net sales 1 | - | 3.037 | 126.8 | 159.7 | 303.9 | 354 |
| EBITDA 1 | - | -62.52 | 48.26 | 124.5 | 208.9 | 213 |
| EBIT 1 | - | -37.42 | -20.12 | 59.77 | 97.53 | - |
| Operating Margin | - | -1,232.17% | -15.86% | 37.43% | 32.09% | - |
| Earnings before Tax (EBT) 1 | - | -37.21 | -22.21 | 58.56 | 22.85 | - |
| Net income 1 | -72.16 | -39.05 | -25.78 | 50.36 | 50.1 | - |
| Net margin | - | -1,285.91% | -20.32% | 31.54% | 16.49% | - |
| EPS 2 | -0.3300 | -0.1600 | -0.1000 | 0.0725 | 0.1550 | - |
| Free Cash Flow 1 | - | - | -114.7 | 60 | 206 | 235 |
| FCF margin | - | - | -90.44% | 37.58% | 67.78% | 66.38% |
| FCF Conversion (EBITDA) | - | - | - | 48.19% | 98.61% | 110.33% |
| FCF Conversion (Net income) | - | - | - | 119.13% | 411.14% | - |
| Dividend per Share | - | - | - | - | - | - |
| Announcement Date | 3/4/22 | 3/14/23 | 3/5/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | - | 3.037 | 21.9 | 31.22 | 30.3 | 43.42 | 48.14 | 38.35 | 33.75 | 39.42 | 45.31 | 67.04 |
| EBITDA 1 | - | -21.6 | 6.936 | 9.006 | 4.212 | 28.2 | 64.99 | 22.12 | 18.9 | 25.53 | 28 | 48.02 |
| EBIT 1 | - | -49.77 | -6.169 | -11.59 | -18.2 | 15.84 | - | 1.162 | 2.338 | 9.432 | -5.727 | 19.15 |
| Operating Margin | - | -1,638.92% | -28.18% | -37.13% | -60.04% | 36.49% | - | 3.03% | 6.93% | 23.92% | -12.64% | 28.57% |
| Earnings before Tax (EBT) 1 | - | -49.79 | -6.531 | -12.09 | -18.81 | 15.22 | - | 1.262 | -3.823 | 1.753 | -8.599 | 2.702 |
| Net income 1 | - | -51.63 | -6.601 | -12.7 | -17.71 | 11.24 | - | 1.03 | -4.135 | 0.5093 | -8.449 | 21.06 |
| Net margin | - | -1,699.93% | -30.15% | -40.68% | -58.44% | 25.88% | - | 2.68% | -12.25% | 1.29% | -18.65% | 31.42% |
| EPS 2 | - | -0.2100 | -0.0300 | -0.0500 | -0.0700 | 0.0500 | - | -0.0250 | -0.0333 | -0.0183 | -0.0200 | 0.0700 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 11/14/22 | 3/14/23 | 5/9/23 | 8/8/23 | 11/8/23 | 3/5/24 | 5/7/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Net Debt | - | - | - | - | - | - |
| Net Cash position | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - |
| Free Cash Flow 1 | - | - | -115 | 60 | 206 | 235 |
| ROE (net income / shareholders' equity) | - | - | -6.18% | 0.8% | 26.2% | 23.4% |
| ROA (Net income/ Total Assets) | - | - | -5.24% | 0.7% | 20.8% | 18.5% |
| Assets 1 | - | - | 492.3 | 7,195 | 240.9 | - |
| Book Value Per Share | - | - | - | - | - | - |
| Cash Flow per Share | - | - | - | - | - | - |
| Capex 1 | - | 39.8 | 54.4 | 40 | 40 | 32 |
| Capex / Sales | - | 1,311% | 42.88% | 25.05% | 13.16% | 9.04% |
| Announcement Date | 3/4/22 | 3/14/23 | 3/5/24 | - | - | - |
1USD in Million
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
BUY
Number of Analysts
7
Last Close Price
3.71
USD
Average target price
5.833
USD
Spread / Average Target
+57.23%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -10.17% | 1.15B | |
| -23.07% | 4.93B | |
| +39.26% | 3.5B | |
| -36.78% | 2.82B | |
| -41.60% | 697M | |
| -15.21% | 678M | |
| -45.44% | 639M | |
| -42.86% | 606M | |
| -73.69% | 468M | |
| -46.88% | 440M |
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- Financials Cipher Mining Inc.
